6 Things To Keep In Mind About The 2020 W-4 Form

6 Things To Keep In Mind About The 2020 W-4 Form

From Forbes.com –  Do you enjoy working with withholding allowances to figure out an employee’s federal income tax withholding? Tough luck if you do. Now, there’s a 2020 W-4 form that completely revamps income tax withholding. It’s time to unfurl the pomp and...
Tax Breaks for Taxpayers Who Itemize

Tax Breaks for Taxpayers Who Itemize

From the CPA Advisory Group Newsletter –  Many taxpayers opt for the standard deduction because it is easier, but sometimes itemizing your deductions is the better choice – often resulting in a lower tax bill. Whether you bought a house, refinanced your current...
What’s New for the 2020 Tax Filing Season

What’s New for the 2020 Tax Filing Season

From the CPA Advisory Group Newsletter –  While the 2020 tax filing season promises to be less confusing than 2019, there are still a number of changes that taxpayers should be aware of. New, Revised or Updated Tax Forms Form 1040: Revised and Redesigned The IRS...
Important Tax Changes for Individuals, Businesses

Important Tax Changes for Individuals, Businesses

From the CPA Advisory Group Newsletter –  Important Tax Changes for Individuals and Businesses Every year, it’s a sure bet that there will be changes to current tax law and this year is no different. From standard deductions to health savings accounts and tax...